Analysis of #NZDCAD
Hi traders, today we will have a look at #NZDCAD
The NZDCAD has a beautiful rare big Cypher pattern near a structure resistance zone.
as you can see the Cypher pattern is way above its entry points, this is part of why I don't usually take harmonic patterns by just setting limit entry trade, most of the time the pattern will continue up to test the structure zone and provide me with better entry,
now I am waiting for reversal patterns, like a double top, or head and shoulder, or even a small harmonic pattern on the lower time frame
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Hi traders, today we will have a look at #NZDCAD
The NZDCAD has a beautiful rare big Cypher pattern near a structure resistance zone.
as you can see the Cypher pattern is way above its entry points, this is part of why I don't usually take harmonic patterns by just setting limit entry trade, most of the time the pattern will continue up to test the structure zone and provide me with better entry,
now I am waiting for reversal patterns, like a double top, or head and shoulder, or even a small harmonic pattern on the lower time frame
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
